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Power Law company profile

AirClic

Other B2B Software · Upper Merion Township, United States · Founded 1999

Airclic was a provider of cloud-based mobile solutions designed to automate and streamline complex logistics processes, particularly for the 'last mile' of the supply chain. The company was founded in 2000 by Peter Ritz and was headquartered in Trevose, Pennsylvania. Initially, Airclic's strategic focus was on enabling consumers to scan proprietary barcodes called “Scanlets” in print ads and posters for information and e-commerce purchases. Following the burst of the dot-com bubble, the company pivoted its business model to focus on automating mobile and field processes for businesses. The company's core product was the Perform™ suite, a configurable, cloud-based software platform that provided mobile technology and advanced electronic proof-of-delivery (POD) solutions. This system operated on handheld devices carried by drivers to eliminate paper-based processes, optimize routes, and provide real-time visibility into the supply chain. The software catered to various industries, including third-party logistics (3PL), food and beverage, retail, and healthcare. Airclic's business model was based on providing its software-as-a-service (SaaS) solutions to logistics-intensive businesses, helping them reduce costs, improve efficiency, and enhance customer service. Throughout its history, Airclic secured significant funding, raising a total of $340 million over seven rounds from investors such as JMI Equity, New Venture Partners, Zon Capital Partners, Motorola Solutions, and Goldman Sachs. A key milestone for the company was its acquisition by Descartes Systems Group (TSX:DSG) (Nasdaq:DSGX) on November 20, 2014, for approximately $29.7 million. The acquisition was intended to strengthen Descartes' existing portfolio of routing, mobile, and telematics solutions by integrating Airclic's specialized mobile capabilities. Keywords: last mile logistics, electronic proof of delivery, mobile supply chain, logistics automation, SaaS, fleet management, route optimization, POD solutions, cross-docking visibility, Descartes Systems Group, supply chain software, transportation management, mobile workflow, field service automation, delivery management, logistics technology, cloud-based logistics, paperless logistics, 3PL solutions